Blog
Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.
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Updated Boehner Proposal
Speaker of the House John Boehner has released an updated version of his debt ceiling proposal which, according to a new CBO score, achieves an extra...
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More Support for the Gang of Six
As the debt-ceiling proposals from Rep. Boehner and Sen. Reid continue to be debated, support for the comprehensive, balanced proposal offered by the...
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Recent Study Ranks U.S. Debt Fifth Largest Among Major Economies
A recent report from the Associated Press Global Economy Tracker found that the U.S. national debt (as a percentage of GDP) is the fifth largest among...
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IMF Report Calls for Balanced, Comprehensive Fiscal Reform Plan
Earlier this week, the International Monetary Fund (IMF) released its annual report The United States: 2011 Article IV Consultation, highlighting the...
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MY VIEW: Tim Penny and Bill Frenzel
In a new op-ed published in Investor's Business Daily, CRFB co-chairs Tim Penny and Bill Frenzel offer insight into how Democrats and Republicans in...
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Comparing the Reid and Boehner Proposals
If you take a look at House Speaker John Boehner's proposal and Senate Majority Leader Harry Reid's proposal -- both of which increase the debt limit...
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A Tale of Two Caps
Update: CBO has scored Boehner's legislation, showing it to reduce deficits by a total of $850 billion from 2012-2021. The discretionary caps are $1.1...
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Boehner and Reid Plans Moving Forward
The state of play in the debt negotiations has been an ever-evolving spectacle over the last several weeks. First the Biden group negotiations, then...
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President Obama To Address the Nation at 9PM
Tonight, President Obama will address the nation at 9 PM EST about the current negotiations going on between him and Congress over how to raise the...
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The Decisions Behind Getting to a Sustainable Debt Path
Although this idea isn't brand new, CBO director Doug Elmendorf has a blog post that concisely illustrates the trade-offs that must be made in order...
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CRFB Senior Advisor Elmer B. Staats Passes Away
Elmer B. Staats, a Senior Advisor of the Committee for a Responsible Federal Budget and former comptroller general of the United States, died...
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‘Line’ Items: Heat is on Edition
Beat the Heat…and the Clock – Washington is dealing with stifling heat, but that isn’t the only thing making policymakers sweat. As thermometers reach...